Air Freight News

ArcBest joins the TriumphPay Network to enhance carrier payments

Aug 06, 2024

TriumphPay announced today the addition of ArcBest, a multibillion-dollar integrated logistics company offering one of the largest freight brokerages in North America, to TriumphPay as a full audit and payments network participant.

ArcBest, a leader in the transportation and logistics industry, joins the network as part of its strategy to better serve carriers, improve operational efficiency and enhance payment security. This customer alliance builds on the momentum of TriumphPay’s expansion and growth as a technological and innovative services hub for the freight industry.

“Our carrier network is essential in delivering top-tier service to our customers, and we value the collaborative relationships we have with them. Carriers depend on us to pay them quickly and efficiently, and TriumphPay’s payment system enables us to meet these expectations,” said Steven Leonard, chief commercial officer and president of asset-light logistics at ArcBest. “Providing enhanced visibility into payment status and a faster, more secure payment process strengthens our position as a preferred partner for carriers in our network.”

TriumphPay is the premier transportation payments network in North America, a secure network for presentment, audit and payment of transportation invoices. By joining TriumphPay, ArcBest is helping to create a more robust and efficient payments network for the entire transportation industry.

“We’re thrilled to announce ArcBest joining and building scale on our network,” said Aaron P. Graft, vice chairman and chief executive officer of Triumph Financial, Inc. (Nasdaq: TFIN). “ArcBest has a long history of championing innovation and technology to deliver powerful supply chain solutions. Welcoming such an impressive integrated logistics company to the TriumphPay Network will have a transformative impact for their customers and keep the supply chain moving.”

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